tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Olympio Metals Issues Over 11.6 Million Unquoted Options Expiring 2029

Story Highlights
Olympio Metals Issues Over 11.6 Million Unquoted Options Expiring 2029

Claim 70% Off TipRanks Premium

The latest announcement is out from CropLogic Ltd. ( (AU:OLY) ).

Olympio Metals Limited, listed on the ASX under code OLY, has notified the market of the issue of new unquoted options as part of its capital structure management, although the announcement does not detail its specific industry or operations. The company has issued a total of 11,615,385 unquoted options—9,615,385 with an exercise price of $0.15 and 2,000,000 with an exercise price of $0.0975—each expiring on 5 January 2029, a move that potentially increases future dilution but also provides additional incentive or funding flexibility depending on how and when these options are exercised.

The most recent analyst rating on (AU:OLY) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on CropLogic Ltd. stock, see the AU:OLY Stock Forecast page.

More about CropLogic Ltd.

Average Trading Volume: 221,957

Technical Sentiment Signal: Sell

Current Market Cap: A$8.61M

For a thorough assessment of OLY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1